On 25 October 2025, Georgia Capital’s (GCAP) healthcare services business agreed to acquire Gormed LLC, a regional network of three hospitals and clinics in central Georgia, pending regulatory approval.
Gormed is expected to generate GEL 4.5 million EBITDA in 2025. This bolt-on acquisition is expected to enhance revenue growth, deliver strong efficiency gains and improve profitability through operational synergies. The acquisition values Gormed at less than 4 times estimated 2026 EBITDA.
According to GCAP, the acquisition will expand the healthcare services business footprint into Gori and surrounding areas and add approximately 80,000 new capitation patients to the Regional and Community hospitals. The integration is expected to generate significant efficiency gains through centralised procurement, consolidation of overlapping facilities and service expansion.
